REVISITING MAJOR DOUGLAS’ SOCIAL CREDIT THEORY

“I am certainly not here as a moralist; but as an engineer. I have an appreciation of the importance of foundations. I find it incredible that a stable society can persist founded on the most colossal lucrative fraud that has ever been perpetrated on society”. - - C. H. Douglas, 1936 THE STUDENT ECONOMIC REVIEW VOL. XXVIIIntroduction, Senior SophisterMONETARY THOUGHT

The name of Clifford Hugh Douglas (or Major Douglas, as he was more commonly known) will not be familiar to many students of economics, but the economic writings of this engineer are of great relevance in coming to terms with what Keynes (1936: 371) labelled ‘the outstanding problem of our economic system’: the problem of deficient demand.

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My Message to Millenials: How to Change the World - Properly by Jordan B Peterson


Jordan B Peterson

Young people want, rightly, to change the world. But how might this be properly done? Dr Jonathan Haidt recently contrasted Truth University with Social Justice University. Social Justice U has as its advantage the call to social transformation. In this video, I outline why Truth is the proper route to societal improvement -- and why that starts with the individual.Note: Free Future Authoring Code Expires December 7th, 2016Link to Jonathan Haidt’s article on Truth U vs Social Justice U: http://heterodoxacademy.org/2016/10/2...Link to http://www.selfauthoring.com/future-a...Link to reading list: http://jordanbpeterson.com/2016/11/ma...Link to paper on Future Authoring: http://www.palgrave-journals.com/arti...Support this Channel with Patreon: https://www.patreon.com/user?u=3019121 Want to support this channel?Patreon: https://www.patreon.com/jordanbpetersonSelf Authoring: http://selfauthoring.com/Jordan Peterson Website: http://jordanbpeterson.com/Podcast: http://jordanbpeterson.com/jordan-b-p...Reading List: http://jordanbpeterson.com/2017/03/gr...Twitter: https://twitter.com/jordanbpeterson

Planned Obsolescence or the Death Date by Jas. Guthrie

Having recently designed and constructed a rainwater reticulation system for our home, we saw many instances of  “designed obsolescence” which resulted in “environmental vandalism”. Perfectly functional components, which we still had from previous water projects, were no longer suitable, nor interchangeable with the new standard, so were rendered obsolete. Wall thicknesses of the pipes were also changed so they were also rendered obsolete. What a waste, and all because the financial system is inherently flawed and will not allow us, as the community, the ability to purchase what we make.The manufacturer reduces the life cycle of his products in order to sell more  - whether we want them or not.

As others have said, the farmer grows a ton of potatoes but does not create the money needed to buy them. So it is with all manufacturers and producers.This policy of engineered obsolescence has been going on for a long time. Douglas wrote about it one hundred years ago in his books Economic Democracy, The Monopoly of Credit, and Social Credit, calling it "economic sabotage". In 1963 Jas. Guthrie wrote about it in his article Planned Obsolescence or the Death Date in The Social Crediter. In his article he makes reference to the well-documented book The Waste Makers (Pelican, 1963, First published in USA 1960). We present the article now for your interest.

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Jesus enters Jerusalem - Palm Sunday


Ref: http://www.synaxis.info/synaxis/5_synaxarion/parent/palmsunday.html

Palm Sunday

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Mark Latham's first Facebook broadcast

 Listened to Mark Latham's first Facebook broadcast here: https://www.facebook.com/MarkLathamsOutsiders I found his reference to Gough Whitlam's concept of 'free speech' and multiculturalism really 'grinding'. Readers need to recall the Fabian's agenda to change the culture of this country. Little Bobby Hawke outlined their plans in his address to the Fabian Society's Centenary Dinner in 1984. Found here.....http://www.alor.org/Library/Hawke%20RJ%20-%20Address%20to%20the%20Fabian%20Society%20.html Instead of praising Gough Whitlam and Bob Hawke, I think Mark should apologise to the Australian people on behalf of Labor for causing such chaos to this nation.

The Death Pledge by Will Waite

Ref: http://socialcredit.com.au/social-credit-angles/entry/77-the-death-pledgeYou should probably know that the literal meaning of mortgage is ‘death pledge’. According to the Australian debt clock we owe 1,647,386,800,000 dollars to banks as housing debt. It's about 90% of all household debt in this country and it is accumulating faster than GDP. In its March 2017 Monetary Policy Meeting the Reserve Bank noted that household debt was rising faster than household income.

It is usually the public’s want of restraint that is blamed for the worsening private debt problem; hedonistic public needs to tighten its belt and stop living beyond its means. Bad, pampered public. Mainstream reporting on Australia’s private debt level goes out of its way to avoid making clear one crucial aspect of what is driving it. This money that people are borrowing is required to run the economy. We have explored in detail how the money we use everyday is created by banks when people borrow. The primary concern of finance is how to induce people to borrow enough money to keep the economic system jerking along. The fact is if we didn’t borrow so much money we’d be berated for lack of faith (confidence in financial terms) and the economic pundits would be decrying the next round of crisis, depression, recession, downturn or whatever word their employer's banker told them to use.

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Social Credit USA 2017 - A Monetary System for all Americans (Australians-ed) by M. Oliver Heydorn

Isn’t it about time that we had a financial system that worked for all Americans? The Social Credit proposals of the engineer, Clifford Hugh Douglas, explain the kind of monetary reform that needs to be implemented in order to fix our current dysfunctional debt system.

1. In economics, the common good consists in this: all of the members of a society are able to obtain the goods and services that they need to survive and flourish with the minimum consumption of material resources and of human labour.

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THERE IS A ‘REALITY’ THAT WE ARE IGNORING TO OUR PERIL

In “The Essential Christian Heritage” Eric D. Butler (1971) reminded his readers that “Western civilisation (was) correctly described as a Christian civilisation… it was the Christian teaching that man is a special creature made in God’s image, which gave the human person a significance unknown outside Western Europe.  Now man saw himself as part of a type of cosmic spiritual drama and felt he had the power to shape history…”

BUT “… The modern concept of the Rule of Law is far removed from the concept of English Common Law… first we must ask “whose law?”  Like every other human system, a system of law must, if the Christian view of reality is to be accepted, serve the individual, to ensure that his natural rights are protected, that his sovereignty as a free and responsible individual is ensured…

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DO YOU HAVE ‘AN IDEA’ OR DOES ‘THE IDEA’ HAVE YOU?


Jordan B. Peterson asking the question in his interview “Religion, Myth, Science, Truth” - found here: https://www.youtube.com/watch?v=07Ys4tQPRis.“...Jung asks:  Which ideas have you and where are they suggesting that you go?  That’s like the Greek god idea, we are playthings of the gods.  These are like metamemes,”.

This question sent me to Dr. Bryan Monahan’s “An Introduction to Social Credit”, first published 1947, second edition published 1967, and the reason being Dr. Monahan included an important passage from Cardinal Henry George Newman’s book “Development of Christian Doctrine” on this very question posed by Jordan Peterson.

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THE OLD MARXISTS INFILTRATED THE CHURCHES LONG AGO

“He can’t be serious” were my first thoughts to the On Line article “A Christian church” by Peter Bowden 22/2/2017.

He writes: “The dictionaries will tell you that the word Christian has two meanings: One is a follower of the Christian Church, the second is having qualities usually associated with Christians, especially those of decency, kindness, and fairness. This is an article about the second type of Christian. Or at least a second type of Christian Church.

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REALLY? THE ONLY 'DEMOCRATIC' NATION IN THE REGION?

This is what Wallace Klinck thinks of Cory Berardi's latest bulletin of "Common Sense Lives Here:

Cory Bernardi says that his new so-called “Australian Conservatives" Movement is driving “change” in Australia but from his comments in this bulletin it is more than obvious that the “change” of which he speaks is actually more of the same and even an intended intensification of the tragic and misguided policies which have been the mark of Western politicians in the past—policies which have been contaminated by Pharisaism with the consequent continued phased  degradation of Christian Civilization.  Is Cory simply uninformed—or has he caved in to the false Left-Right dialectic fostered by the forces of destruction which from time immemorial have waged relentless war against Christian beliefs--and especially any organic incarnation of them?

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WE WONDER WILL CORY BERNARDI TAKE NOTE? from Canadian Wallace Klinck


Thanks for this latest report, Cory.Interesting to learn that you have terminated your past political allegiance and decided to pursue a new approach.  You express concern about the accumulated financial debt burden bearing upon Australian society.  Precisely what do you suggest as a solution to this problem?  Under the existing financial system you will be entirely unable to improve this situation or even to halt the relentless growth of that debt. 

All nations operate essentially under the Keynesian system of debt finance.  This system generates financial costs at an ever greater rate than it distributes effective consumer income.  Under existing rules there is no alternative whatsoever but to incur more debt in a futile attempt to compensate for this growing shortage of effective income.  Because this deficiency increases as industry modernizes, and non-labour costs increase relative to labour costs, the financial problem intensifies with every increase in productive efficiency achieved through increasingly refined real capital enhanced by improving technology.

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The "sustainability" ploy from CFACT

Ref: https://www.cfact.org/2017/02/09/the-hidden-agendas-of-sustainability-illusions/Environmental radicals are circling the wagons to defend “global warming” as a rationale to grant them economic and political power, but they're having a tough time. Their scientific case is collapsing.What's a Green to do? Pivot to an eco-campaign that defies any objective measure of objectivity whatsoever: "Sustainability."  The "sustainability" ploy has been working its way through the UN since the first Rio "Earth Summit" in 1992 (we know, CFACT was there), was written into the UN's "Agenda 21" document, and is today quietly but steadily working its way through state and local government halls near you.

CFACT senior policy analyst Paul Driessen posted substantial details at CFACT.org.Here are a few samples of what the Greens are saying about their utopian eco-cause of “sustainability”:

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A NEW HEAVEN A NEW EARTH? NO, A NEW THEOLOGY by Betty Luks

Peter Sellick is concerned upon discovering Christian theology was replaced by a ‘new’ theology (On Line Opinion, Peter Sellick “A new heaven and a new earth” 2 February 2017.  He credits German theologian Johannes Weiss (1863-1914) with the recovery of the Gospel message of “an imminent kingdom of God that was a social reality.”

But there is more to the failure of the Church than you are allowing for Peter.  I offer a portion of Clifford Hugh Douglas’s article The Enemy, originally published in The New English Weekly, 1933 and republished in The Social Crediter 1979.  Found here…. http://socialcredit.com.au/The%20Social%20Crediter/Volume%2058/The%20Social%20Crediter%20Vol%2058%20No%206%20Nov-Dec%201979.pdf.

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LET’S NOT MAKE IT EASIER FOR THE POLITICIANS by Betty Luks

I see that barrister Louise Clegg in her address to the Institute of Public Affairs has suggested that what is needed for ruling parties to ease the gridlock of an uncontrolled Senate, is to have longer parliamentary terms and joint sittings of both Houses to ‘ease the passage of Bills through the Parliaments’.  Her paper appeared on David Pascoe’s Facebook page.

She thought that “If the two major parties had the slightest inclination to put the national interest above their own, they would embark on bipartisan efforts for sensible constitutional change, such as lengthening parliamentary terms and the mooted constitutional amendment to enable joint sittings to address parliamentary gridlock.  These would provide much-needed structural circuit breakers and help governments to govern…”

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CORY BERNARDI TO START HIS OWN 'CONSERVATIVE' PARTY by Betty Luks

Well, the mainstream media is all agog at Senator Bernardi’s decision to quit the Liberal Party and start his own ‘Conservative’ group. The comments section of the Sydney Morning Herald article by Latika Bourke, 7 February, 2017 is very revealing because one can catch a glimpse of what some believe the Liberals – more than sixty years after being formed – now stand for.  'Alice in Wonderland" stuff.  I am sure Alice will feel that she has now reached Wonderland!

·      “If Cory Bernardi took the other backstabbing, Tea Party, fanatical Christians - Tony Abbott, Kevin Andrews, Eric Abetz, George Christensen, Scott Morrison, etc, with him, Turnbull would have a moderate small "l" Liberal party, without pandering to the rightwing extremists.”·       “The conservatives have too much power in the party. Menzies did not want it to be a conservative party.”·       “Turnbull is the sort of small-l liberal that the Liberal Party was always intended [to] have. That's what Menzies wanted. That's why he called it the Liberal Party and not the Conservative Party.”

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DEARIE ME, I HAVE SUCH A SUSPICIOUS MIND ! by Betty Luks

I think I see just what is planned for at least one section of the society.  Yes, a Universal Basic Income (UBI) will come in – there are too many millions who cannot get a job because of technology and robotics taking over, and replacing them in the workforce.  In such circumstances, too much danger of the Precariat revolting and the elite losing control of this world order.

But it is not intended that the UBI will be issued through new credits/money, as the National (Consumer) Dividend would be, but only through the raising of more taxes by governments and/or more debt taken on by governments.

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Restoration of The Commons

from the Social Credit Discussion Group:Question and statement:It is true that Social Credit was never proposed or discussed by the Fathers of the Church, the Doctors of the Church, or even the great Reformation theologians. It may be one way of improving the distribution/sharing of wealth, but not the only way. According to Acts of the Apostles, the earliest Christian community held all goods in common. No one kept anything for him or herself. Similarly, the great cenobitic communities of pagan, Christian, and other (such as Buddhist) traditions. In our contemporary times, the Focalare Economy of Communion takes a different approach to achieving a degree of equity in a community. In fact, in terms of spiritual development and commitment, these traditions offer something that Social Credit does not: personal gift and personal renunciation. Social Credit seems in some respects rather like a way of restoring the "commons", the pre-capitalist provision that certain lands were dedicated to communal purposes, so anyone could graze stock, gather wood, catch game, etc. of course, after the notorious Enclosure of the Commons, appropriation of that common resource for the private exploitation by the gentry, country-folk who snared a rabbit for the pot could hang for poaching.Social Credit seems to postulate an analogy to the "commons" in the society's endowment of technology, institutions, etc.  Please correct me if I misapprehend that point. G

Response:Yes, Social Credit is a method of restoring the commons within the context of an industrial or high-tech economy. By taking advantage of the flaw in the existing price system, i.e., the fact that the financial system creates costs in the form of debts to the banking system (since most production is undertaken on the basis of short-term and/or long-term bank loans) at a faster rate than it distributes incomes to consumers (in the form of wages, salaries, dividends, profits, etc.), Social Credit proposes to introduce a new principle of distribution that would represent the 'free gift' or 'free lunch' inherent to economic reality.

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LESSONS IN FREEDOM WE ALL NEED TO LEARN by Betty Luks

My interest was sparked by John Roskam’s article “In Government, Less Is So Much More” - Institute of Public Affairs, 27 January 2017.He writes:  According to the results of an international opinion poll released a few days ago, there's an "implosion of trust" around the world.  The findings of the 2017 Edelman Trust Barometer reveal just 37 per cent of Australians trust the government. The comparable figure in the United States is 47 per cent, and 36 per cent in the UK.

Despite all the business bashing of recent times, Australians have more faith in business than their government, as 48 per cent of Australians say they trust business.  Only 32 per cent of Australians trust the media. To put that into perspective that's only one point higher in trust that the Russians have in their media, and it's 15 points lower than that for America.

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ALL ON BOARD FOR CHINA'S 'SILK ROAD' JOURNEY - TO HELL? by Betty Luks


 The headlines read:  'Silk Road' freight train from China arrives in Barking, UKThe first direct rail freight service from China to the UK has completed its 18-day trip and arrived in London.  The train left the city of Yiwu, on China's east coast, this month and travelled 7,500 miles (12,000km), crossing seven countries, before arriving at a freight depot in Barking.  The service delivered 34 containers of clothes and high street goods.China Railway already runs services between China and other European cities, including Madrid and Hamburg.  The service passed through Kazakhstan, Russia, Belarus, Poland, Germany, Belgium and France before entering the UK via the Channel Tunnel.In order to make the journey, a number of different locomotives and wagons were used as the railways of the former Soviet Union states have a larger rail gauge.However, the rail firms say the service is still cheaper than air freight and faster than sending goods by sea.  The service is part of China's One Belt, One Road programme - reviving the ancient Silk Road trading routes to the West.Continue reading: http://www.bbc.com/news/uk-38666854

Question:  How are the British people going to buy China's goods when so many do not have jobs and depend on their welfare cheques, those who do have jobs already have so many financial commitments - let alone the taxation and other government charges  - and the private debt structure is so high?  I am reminded of that story Anthony Cooney tells of the American unionist attending the opening of the Ford Motor Company's first automated production line.  He was asked just  how he was going to collect the union dues from the automated machines - machines are not paid wages!   Wages are the workers' purchasing power.He smartly retorted:  How are you going to sell products to these machines? 

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